Discussing WCT is not just about sharing knowledge, but also about participating in a global crypto revolution.
WalletConnect Network, as a leading wallet connection protocol, has connected over 200 million sessions and supports hundreds of wallets and DApps. Its native token WCT will officially launch in 2025, with its market value quickly climbing to hundreds of millions of dollars. The current price is approximately $0.31, with a circulating supply of 186 million tokens and a total supply of 1 billion tokens (Kraken data). Its low circulation and high potential design have attracted institutional investors. The core of WCT lies in bridging users and blockchains, ensuring secure, non-custodial interactions, thereby avoiding common risks such as phishing attacks.
A professional analysis of WCT's governance mechanism: holders influence network development through DAO (Decentralized Autonomous Organization) voting, such as approving new chain integrations or fee structure adjustments. This differs from the centralized exchange model, as WCT grants users true sovereignty. The community reward pool draws a portion from transaction fees to incentivize active participants, and the annualized return rate can be increased to over 8% through staking. Furthermore, WCT is also used for node validation, with operators staking tokens to run relay servers, ensuring 24/7 network availability. This design draws from PoS consensus, reducing energy consumption while enhancing security.
What’s novel is WCT’s “Community Innovation Fund”: a portion of token revenue is directly injected into the fund to support developer proposals. For example, a creator can apply for WCT funding to develop a cross-chain social DApp, allowing users to connect wallets directly on X (formerly Twitter) to share NFTs. This is highly relevant in the Binance ecosystem—Binance users can leverage WCT to enhance interactions on the Square platform, such as one-click joining of AMA sessions or voting on community projects, creating viral spread. Imagine in the future, WCT will integrate social metadata to achieve the concept of a “social wallet,” where user behavior data is anonymized for personalized DApp recommendations, which is not only a technical advancement but also a model for privacy protection.
In terms of relevance, WCT is compatible with Binance’s BNB chain, allowing users to easily buy and sell on the Binance exchange and participate in airdrops through Launchpool. Professional advice: monitor WCT’s unlocking events to seize buying opportunities. Its tokenomics emphasizes sustainability, with a burning mechanism that destroys a portion of fees to control inflation. WCT is not just a token, but a bond of the community.
